Replies to post #5 on Box Ships Inc (Preferred) (TEUCF)

[MasterBlastr]

PK - I am leaving now and will be out of town until the 15th - short answers - These trade on the Greys and best to call your broker, who will call the floor to see where orders are and how much so you can do a matching trade. Not very liquid, you will very likely have trouble selling when you want. Safer - if company fails these get paid first. Commons have higher upside. These will trade at a maximum of $2500 but no higher. These have been around since I think 2010 (will have to research) - these got delisted at the same time when the commons were. They were trading around $2500 back then. A good bet on the company's survival. They pay 9% interest, but dividends have been suspended. Again these are NOT very liquid, and very hard, but not impossible, to trade.